I am a literary giant in Europe

Chapter 605 The Big Short

The distance from Frankfurt to Nuremberg is about 200 kilometers.

Liu Jin wasn't very sleepy, so he simply checked out at the front desk and drove straight to the A3 highway.

During the journey, he booked a hotel through his bank's account manager.

It's very difficult to book a room at the last minute during the World Cup.

But for someone like Liu Jin, whose net worth already exceeds one billion US dollars, it's incredibly simple.

The hotel definitely has reserved rooms.

However, without special channels, it is simply impossible to make a reservation.

In this regard, banks have a very strong network.

Liu Jincai had just switched from the A3 expressway to the A73 expressway when the hotel called.

They even thoughtfully sent a navigation map.

After Liu Jin changed the navigation, he sped off.

About an hour and a half later, he had already driven into the city of Nuremberg.

The whole process took two hours and ten minutes.

He was only able to reach his destination within two hours if he had kept the speed down.

After checking in at the hotel, he took his room key and went upstairs.

Upon entering the guest room, without even taking a shower, I put my luggage on the floor, took off my clothes, and collapsed onto the bed.

I slept soundly until dawn.

……

After washing up and having a simple hotel breakfast, Liu Jin asked the hotel to send him a pot of espresso before turning on his computer.

"The Big Short" has already gotten off to a good start!
The storyline has been clarified, now it's time to get to work.

The novel *The Big Short* was written in 2010 by Michael Lewis, a renowned financial journalist and reportage writer from America.

The plot of the story is also very simple.

The story surrounding the 08 subprime mortgage crisis.

Several Wall Street investment geniuses profited handsomely by shorting subprime CDS, taking advantage of the illusion of a bubble before the 07 credit crisis.

Yes, that's the story.

Michael Lewis wrote this novel two years after the subprime mortgage crisis.

Liu Jin created this work before the subprime mortgage crisis broke out.

However, when Liu Jin graduated from ESC TOULOUSE in 03, he mentioned some arguments about this kind of bubble in his graduation thesis. What he is writing now is a deduction based on his previous thesis.

The reason for writing this book is to prepare for his Green Sisters Fund's short-selling of the subprime mortgage crisis.

Even if the Federal Reserve or the Securities and Exchange Commission conducts an investigation, the events described in this book can serve as evidence.

At the same time, this book can also enhance his standing in the financial market.

He had no intention of causing trouble.

They just wanted to take the opportunity to make some money.

To this end, he established the Green Sisters Fund a year in advance.

Furthermore, the acquisition of Ubisoft provided a foundation for this fund.

Professor Joan P.'s side has also earned substantial profits for the fund through his operations in the financial markets over the past year.

But these were all minor incidents.

Currently, the Green Sisters Foundation has over 300 million in funds.

It's nothing to Wall Street, and nobody cares about this small fund.

Liu Jin's plan was to obtain $500 million in capital before the subprime crisis hit, then leverage it heavily to make a huge profit before exiting the situation. This process sounds easy, but it was extremely complex in practice.

America is under very strict supervision.

Not to mention the capital behind the financial crisis...

Liu Jin's decision to grant Eva Green dual citizenship while allowing her to remain in America long-term was intended to provide her with protection.

He didn't believe that the American government would let a Chinese man take such a large sum of money for nothing...

Correspondingly, it would be much easier if Eva were to step in.

She is French, holds American citizenship, and is also Jewish.

This couldn't be more politically correct!
Of course, there's also the factor of whether Eva will betray them.

Liu Jin chose to trust Eva Green.

In the original timeline, Eva was the kind of person who didn't have much ambition.

If there's a chance, I'll start filming.

It's hopeless. I'll just stay in London and be my artsy, artsy self...

As for money, her desire for it wasn't even as strong as Liu Jin's!
Michael Lewis's "The Big Short" is also a novel that provides a relatively insightful explanation of the subprime mortgage crisis.

In 2015, Paramount, Columbia Pictures and other companies adapted his work into the film "The Big Short," which was released in America and grossed $130 million at the North American box office.

Then, at the 88th Academy Awards the following year, it won the Best Adapted Screenplay award.

It also received nominations for multiple awards, including Best Picture, Best Director, Best Editing, and Best Supporting Actor.

A work that brought both fame and fortune!
However, now all this fame and fortune are mine.

Liu Jin has completed the prologue and the first chapter.

He looked at the document on his computer and couldn't help but laugh.

Of course, Michael Lewis's work is not without its flaws.

The book describes things like mortgage loans during the winter, but it doesn't fully explore the more complex economic factors that fueled the bubble and exacerbated the crisis.

I reckon it has nothing to do with Michael Lewis being afraid.

Because when he wrote this book, the financial crisis had already passed.

Many previously unknown inside stories have also begun to emerge.

If he writes too explicitly, it will be nothing short of naked reportage and documentary literature... which will offend many people. It's not impossible that he might commit suicide by being shot seven times in the back.

But Liu Jin did not have this concern.

First, he doesn't make a living off Wall Street.

Secondly, he was just making a prediction in advance; if there are any similarities, then they are simply similarities.

There are no behind-the-scenes figures involved.

It will not bring him any danger, but rather a certain degree of fame.

Most importantly, once the financial crisis breaks out, Liu Jin can find an excuse to announce his withdrawal or something similar.

Basically, no one will take it to heart.

Therefore, he could have done a more in-depth analysis of how the subprime bubble formed and how the belief that the bubble would never burst came about, rather than simply attributing the financial crisis to Wall Street's greed.

In addition to the above, he also needs to avoid explaining too many dry financial principles.

This is also the main problem with the book "Original Timeline".

The above content is the original statement from the Wall Street Journal in its review of the book "The Big Short".

However, Liu Jin wrote very slowly because of the need for adjustments and modifications.

The complete novel, "The Big Short," consists of a prologue and ten chapters.

After Liu Jin made the adjustments, it became fifteen chapters.

It took him three days to complete one chapter.

This also marks the slowest writing speed he has ever achieved since he began writing books.

The match between England and Trinidad and Tobago began on June 16.

Having completed the second chapter, Liu Jin appeared in a VIP box at Franken Stadium, looking somewhat haggard.

"Amos, what's wrong with you?"

Rowling asked in surprise.

"I've been writing a book these past few days, and I'm a bit tired."

"You've started a new book again?"

Rowling asked in surprise, "Didn't you just finish a book in the first half of the year?"

"Yes, that's why I'm writing a new book."

You have made me feel ashamed!

J.K. Rowling shook her head with a wry smile, then turned to the others in the box and said, "Richard, Amos is a writing creature that shouldn't exist in this world. He makes all writers feel ashamed."

Richard, whose full name is Richard Dick Robinson, is Jewish.

She was formerly an official in the Department of Youth Literature at the American Ministry of Education, and was appointed president of the Scholars Publishing Group last year.

He came this time to try and get closer to Liu Jin.

Simon & Schuster signed a three-book deal with Liu Jin, one of which was a trilogy.

This made the academic group feel nervous!
After all, in terms of sheer size, Simon & Schuster is larger than the academic group.

In addition, he heard rumors that Nancy Miller of Random House was coming to meet Liu Jin.

So Richard couldn't wait to fly to Germany, hoping to use Rowling's connections to get closer to Liu Jin.

As soon as I sat down, I heard Liu Jin talking about his new book.

Richard was overjoyed.

He was the first to receive the news and had to sign Liu Jin's new book before other publishers.

Even though he didn't even know what Liu Jin's new book was about...

(End of this chapter)